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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Malagasy Ariary/Euro (FOREX:MGAEUR)
Countertrend Down (-85) - MGAEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid MGAEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGAEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MGAEUR
The long-term trend has been DOWN since Mar 12th, 2025 at 0.00020155
The intermediate-term trend has been DOWN since Feb 16th, 2025 at 0.00020369
The short-term trend has been UP since Mar 23rd, 2025 at 0.00019683
Smart Scan Analysis for MGAEUR
Based on our trend formula, MGAEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00019816 | 0.00019816 | 0.00019816 | 0.00019816 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00019816 | 2025-03-29 17:28:32 |